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What is a foreclosure?
Foreclosure happens when the lender takes control of a property after a borrower misses multiple mortgage payments, defaulting on the loan. The foreclosure process can take up to several years, and if ...
The argument yesterday in Pung v. Isabella Countyhad two distinct threads. On the one hand, the justices who discussed the ...
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Justices to consider constitutionality of tax foreclosure sales
The argument next week in Pung v Isabella County asks the court to consider the constitutionality of the longstanding practice of tax foreclosures sales. This is one of those cases […] The post ...
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Unclaimed Funds in Tax and Foreclosure Sales
The discussion centers on the fact that a large portion of the money related to tax and home foreclosure sales is unclaimed funds. Nearly three-quarters of this money remains with the agencies in ...
Programs may also exist that help persons avoid or delay the foreclosure process. An attorney should be consulted to help you understand these rights and programs as a part of the foreclosure process.
Surplus funds from foreclosure and tax deed sales represent a crucial opportunity for homeowners to reclaim some equity after their property is sold. These funds arise when the proceeds from the sale ...
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